NLMK (NLMK) stock in 2026: dividends, earnings and outlook
As of Nov 10, 2026, NLMK (NLMK) trades at RUB 77.44 per share, P/E 11.6x. There is no manual review on the portal yet; below are reported figures and model outputs only. Below: 1H 2026 results, dividends paid and expected, and valuation. All figures come from the company card on the Frontier portal.
NLMK: Металлургия listed on the Moscow Exchange, covered by the Frontier portal.
What the 1H 2026 report showed
This is an automated earnings note built from portal data. The analysts have not published a manual review yet.
NLMK half-year results
NLMK, IFRS figures for the period
| Period | Revenue, RUB bn | YoY | EBITDA, RUB bn | YoY | Net profit, RUB bn | YoY |
|---|---|---|---|---|---|---|
| 1H 2024 | 517.8 | 16.6% | 156.3 | 8.5% | 81.6 | -11.0% |
| 2H 2024 | 461.8 | -5.6% | 100.6 | -22.1% | 40.2 | -65.8% |
| 1H 2025 | 438.7 | -15.3% | 84.2 | -46.1% | 44.9 | -45.0% |
| 2H 2025 | 392.6 | -15.0% | 56.3 | -44.1% | 18.2 | -54.7% |
| 1H 2026 | 387.7 | -11.6% | 57.2 | -32.0% | 20.5 | -54.3% |
In 1H 2026: revenue RUB 387.7 bn (-11.6% YoY), EBITDA RUB 57.2 bn (-32.0% YoY), net profit RUB 20.5 bn (-54.3% YoY). The full period table, balance sheet and cash flow are on the NLMK card.
NLMK dividends, paid and expected
NLMK dividends by ex-dividend year, RUB per share
| Year | RUB per share |
|---|---|
| 2018 | 19.46 |
| 2019 | 22.86 |
| 2020 | 20.73 |
| 2021 | 41.91 |
| 2023 | 2.60 |
| 2024 | 25.43 |
The portal's dividend model expects no payout for the current financial year: No payout is forecast (earnings or free cash flow are negative). The dividend valuation is withheld — this is not a statement about the stock's worth..
- Paid RUB 25.43 per share, ex-date May 24, 2024
- Paid RUB 2.60 per share, ex-date Jan 6, 2023
- Paid RUB 13.33 per share, ex-date Dec 3, 2021
NLMK valuation by multiples
NLMK (NLMK), multiples as of Nov 10, 2026
| Metric | Value |
|---|---|
| P/E (LTM) | 11.6x |
| P/B | 0.5x |
| EV/EBITDA | 3.6x |
| ROE | 7.0% |
| Dividend yield, LTM | n/a |
| Market cap | 449.9 bn RUB |
LTM revenue RUB 780.4 bln, net profit RUB 38.7 bln, EBITDA RUB 113.5 bln. Peer comparison and P/E history are on the company card.
FAQ
What dividend is expected from NLMK? The portal's dividend model expects no payout for the current financial year.
NLMK dividends 2026: how much and when? Paid in 2026 by ex-date: RUB 0.00 per share; trailing 12 months RUB 0.00.
What did the latest NLMK report show? In 1H 2026: revenue RUB 387.7 bn (-11.6% YoY), EBITDA RUB 57.2 bn (-32.0% YoY), net profit RUB 20.5 bn (-54.3% YoY).
Other Металлургия companies on the portal: Severstal (CHMF), MMK (MAGN), Mechel (MTLR), Rusal (RUAL).
- NLMK card on the Frontier portal
- Dividends and prices: Enhanced Investments EI1 database, Moscow Exchange
- Russian stocks: dividends, outlook and earnings 2026
Open the company's financial profile NLMK →
See also: market overview · valuation map · stock screeners